Should lawyers have to report ATO ‘Promoter Penalties’ activity to their legal regulator – a line by line analysis of the ATO’s reasons

Tax Month - July 2019

In another Tax Technical article, I reported on the ATO proposal to amend the Legal Profession Uniform Law to require lawyers to disclose any action by the ATO against them, under the promoter penalties provisions in Division 290 of the Taxation Administration Act 1953 (TAA53). This includes the proposal itself. The ATO made about 2…

ATO proposal that lawyers must report Promoter Penalties involvement to their regulator – TASA parity or ‘over-reach’ – good policy or bad?

Tax Month - July 2019

On 25 June 2019, the ATO made a submission to the Legal Services Council, that the Legal Profession Uniform Law be amended, to oblige affected lawyers, to disclose any involvement with the ‘Promotor Penalties Provisions’ in Division 290 of the Taxation Administration Act 1953 (TAA53), as a reportable ‘show cause event’ – putting their practising certificate…